In Vancouver BC, there is already a low vacancy rate for apartment rentals. AirBnB rentals have skyrocketed here and have been a significant factor driving availability for people who live and work here significantly lower. People are either buying condos to rent on AirBnB or people are renting and illegally subletting to AirBnB 'customers' as they can profit over what they pay in rent. I know of several who do this, some in the same building. And yes, living in a place where many are transient is not desirable. Even if some here don't believe it would attract more crime, the truth is, places where people are transient do have higher property and other crime. As well people who are not personally invested in a place will not as a whole treat it well. In condos and long term rental buildings, this can lead to a kind of negligent vandalism that decreases quality of life for the actual residents. AirBnB while a good idea for occasional use, is terrible when people build businesses with it in places that are meant to serve the community's housing needs.